Liberty Centre | 650 NE Holladay St
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
Liberty Centre 650 NE Holladay St
305,260 SF 22% Leased 4-Star Office Building Portland, OR 97232 For Sale
Investment Highlights
- Institutionally maintained Class A office tower with high-quality amenity package
- Secure, covered parking facility with above market parking ratio (2.0 per 1,000 SF)
- Located at the confluence of two of Portland's leading master-planned developments
- Entrenched ecosystem of owner-occupied real estate consisting of 2M SF across 6 buildings
- Direct connectivity to public transit and major freeway arterials
- Ability to immediately occupy over 85,000 SF of contiguous space with clear path to double footprint within the first two years of ownership
Executive Summary
Newmark (NMRK), as an exclusive advisor, is pleased to present the opportunity to acquire Liberty Centre (the "property") - a 17-story Class A office tower located in Portland's vibrant Lloyd District submarket.
Originally developed in 1997 by Liberty Northwest Insurance Corporation, the property served as the company's headquarters for over two decades. Liberty Centre offers a wide array of physical characteristics consistent with a partially owner-occupied building including an above market parking ratio within a covered facility, high-quality amenity package, and unrivaled access to public transit and freeways.
Currently 22% occupied with approximately 4.5 years of WALT, the property provides users the opportunity to immediately occupy over 85,000 SF of contiguous space with the ability to double their footprint within the first two years of ownership.
Liberty Centre offers owner-users the rare opportunity to acquire a Class A office tower that has been institutionally owned and operated for over 25 years at a significant discount to replacement cost within a submarket that has one of the highest concentrations of owner-occupied real estate in the Portland metro.
Originally developed in 1997 by Liberty Northwest Insurance Corporation, the property served as the company's headquarters for over two decades. Liberty Centre offers a wide array of physical characteristics consistent with a partially owner-occupied building including an above market parking ratio within a covered facility, high-quality amenity package, and unrivaled access to public transit and freeways.
Currently 22% occupied with approximately 4.5 years of WALT, the property provides users the opportunity to immediately occupy over 85,000 SF of contiguous space with the ability to double their footprint within the first two years of ownership.
Liberty Centre offers owner-users the rare opportunity to acquire a Class A office tower that has been institutionally owned and operated for over 25 years at a significant discount to replacement cost within a submarket that has one of the highest concentrations of owner-occupied real estate in the Portland metro.
Financial Summary (Actual - 2024) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
Financial Summary (Actual - 2024) Click Here to Access
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
305,260 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
1997
Percent Leased
22%
Tenancy
Multiple
Building Height
17 Stories
Typical Floor Size
17,956 SF
Building FAR
3.39
Lot Size
2.07 AC
Opportunity Zone
Yes
Zoning
CXD - Central Commercial
Parking
595 Spaces (1.95 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Atrium
- Banking
- Bus Line
- Commuter Rail
- Conferencing Facility
- Property Manager on Site
- Security System
- Signage
- Bicycle Storage
- Shower Facilities
1 of 1
Walk Score ®
Very Walkable (88)
Transit Score ®
Excellent Transit (82)
Bike Score ®
Biker's Paradise (97)
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $41,265,000 (2023) | |
| Land Assessment | $12,150,000 (2023) | Total Assessment | $54,311,700 (2023) |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$12,150,000 (2023)
Improvements Assessment
$41,265,000 (2023)
Total Assessment
$54,311,700 (2023)
1 of 18
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
Liberty Centre | 650 NE Holladay St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.